Finance minister: Govt stands by roadmap on fiscal consolidation to restore economy | Malay Mail

📆 15/10/2019 7:32 AM
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KUALA LUMPUR, Oct 14 — The government is on the right course to put the country back on its fiscal track and restore the economy as espoused in its three-year financial roadmap despite entrenched uncertainties brought about by the US-China trade war which has...

Monday, 14 Oct 2019 12:12 PM MYT

The government is on track to achieve the targeted deficit of 3.4 per cent of gross domestic product in 2019. The economic roadmap, which was announced by the Ministry of Finance in September last year, aims to put Malaysia on a path to sustainable growth with fiscal discipline, prudent budgeting, monetary stability and low inflation despite the challenges and global economic uncertainties.

“Incentivising businesses and attracting foreign investment with incentives valued at RM10 billion over 10 years, together with the RM6.5 billion job creation programme which creates 350,000 jobs, will put Malaysians back to work and back in business.

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